
Cheap Apartments for Rent in the Shaker Lakes Neighborhood of Cleveland, OH from $400 (38 Rentals)
Search the lowest-cost Apartments available for rent right now in the Shaker Lakes area of Cleveland.


Van Aken Court

2671 E 130th St

Shaker House & Shaker Town House

2836 E 130th St

2934 E 130th St

2671 E 128th St

3132 Meadowbrook Blvd

Kemper House

Shakertowne Apartments

2515 Kemper Rd

13051 Larchmere Blvd

North Moreland Courts Apartments

Shaker Lake Apartments

Fairhill Gardens
Shaker Lakes, Cleveland, OH Local Guide

How much does it cost to rent an apartment in Shaker Lakes?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Shaker Lakes Studio Apartments | $759 | $700 | $825 |
| Shaker Lakes 1 Bedroom Apartments | $1,065 | $595 | $2,942 |
| Shaker Lakes 2 Bedroom Apartments | $1,326 | $850 | $4,112 |
| Shaker Lakes 3 Bedroom Apartments | $2,440 | $1,300 | $5,312 |
| Shaker Lakes 4 Bedroom Apartments | $2,031 | $1,895 | $2,100 |
Browse Apartments in this Neighborhood
There are currently 38 rentals with your search options within a 1 mile radius of the Shaker Lakes Neighborhood of Cleveland, OH.
See all Apartments in ClevelandExplore Cleveland
Shaker Lakes, Cleveland, OH Local Guide
- Nearby Cleveland neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Shaker Lakes Apartments for Rent
 The cheapest available apartment rental in the Shaker Lakes area of Cleveland, OH is a 1 Bed unit found at Shakertowne Apartments priced from $700. Kemper House has the second lowest priced unit, which is a Studio apartment currently listed from $700. Here are the most affordable Shaker Lakes apartments for rent in Cleveland, OH:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Shakertowne Apartments | 1bd/1bh | 1BR,1BA | $700 |
| Kemper House | Studio: Experience the Charm at Kemper House - ... | Studio,1BA | $700 |
| Van Aken Court | Efficiencies | Studio,1BA | $755 |
| 2515 Kemper Rd | Newly Renovated Studio Apartments at 13700 Fair... | Studio,1BA | $758 |
| Shaker Park East Apartments | 1 Bedroom 1 Bath Large | 1BR,1BA | $835 |
| Shaker House & Shaker Town House | Shaker 1 Bedroom 1 Bath | 1BR,1BA | $845 |
| North Moreland Courts Apartments | 1x1 - 645 Sqft | 1BR,1BA | $850 |
| Shaker Lake Apartments | Charming 1-Bedroom in Prime Shaker Heights Loca... | 1BR,1BA | $900 |
| Fairmount | 2BR | 2BR,1BA | $940 |
| Fairhill Gardens | 1 Bedroom | 1BR,1BA | $949 |
Best Value Apartments for Rent in Shaker Lakes, OH
As of November 09, 2025 the best value apartment in the Shaker Lakes area is the $1.24 price per square foot 3083 E Derbyshire Rd Model at 3083 E Derbyshire Rd, Unit 2 in the in the Shaker Lakes neighborhood starting from $2,100. The second greatest value Shaker Lakes apartment is the 3 Bed/ 3 Bath Model at Embassy House starting at $1,650 with a $1.00 price per square foot in the Shaker Lakes neighborhood. Here is today’s list of the best values for Shaker Lakes apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 3083 E Derbyshire Rd, Unit 2 | 3083 E Derbyshire Rd | 4BR,2BA | $1.24 |
| Embassy House | 3 Bed/ 3 Bath | 3BR,3BA | $1.00 |
| Cormere (IN-UNIT WASHER & DRYER) | 3 Bed/ 2 Bath | 3BR,2BA | $1.15 |
| 3367 E Scarborough Rd, Unit 3367 | 3367 E Scarborough Rd | 2BR,1BA | $1.17 |
| 3126 Kensington Rd, Unit 2nd floor | 3126 Kensington Rd | 2BR,1BA | $1.04 |
| Monty | 2 Bed/ 1 Bath | 2BR,1BA | $1.15 |
| Bon Air Apartments | 2 Bedroom 1.5 Bathroom | 2BR,1.5BA | $1.23 |
| Fairhill Apartments | 2 Bedroom | 2BR,2BA | $1.26 |
| Shaker Park East Apartments | 1 Bedroom 1 Bath Large | 1BR,1BA | $1.04 |
| Shakertowne Apartments | 1bd/1bh | 1BR,1BA | $1.17 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleShaker Lakes, Cleveland, OH
Ranked #58
Among cities in Ohio for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Shaker Lakes, Cleveland, OH
Fairfax Elementary School
Roxboro Middle School
School data provided by Great Schools
Frequently Asked Questions about Cheap Shaker Lakes Apartments
What is a cheap apartment in Shaker Lakes?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Shaker Lakes is under $949.
What is the price of a cheap apartment in Shaker Lakes?
The cheapest apartment in Shaker Lakes is Shakertowne Apartments which is listed at $700, while the average apartment in Shaker Lakes costs $33,294.
What types of apartments are the cheapest in Shaker Lakes?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 6 regular apartments in Shaker Lakes that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Shaker Lakes?
Cheap apartments in Shaker Lakes have an average cost of $240 which is $33,054 cheaper than the average rent for all rentals in Shaker Lakes.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

A Cleveland Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent
Written by: Sandy Baker
Choosing the ideal place to call home in Cleveland may mean selecting a neighborhood that offers excellent access to the freeways or good overall schools for the kids.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.






















